S.B. 810                                                        VETOES

(v) To pay expenses for administrative, legal and actuarial services for
the Department.                            

(2) Unless otherwise determined by the Secretary, moneys in the Fund that
have been generated by a particular division within the Department shall be allocated for
the use of that division.

(g) (1) The State Treasurer shall hold and the State Comptroller shall account
for the Fund.

(2) Any investment earnings of the Fund shall be paid into the Fund.]

5-502.

(A) THERE IS AN ENTERPRISE FUND IN THE DEPARTMENT ESTABLISHED AS A
NONLAPSING, REVOLVING SPECIAL FUND MANAGED AND SUPERVISED BY THE
SECRETARY.

(B) THE FUND MAY CONSIST OF ANY OF THE FOLLOWING:

(1)      MONEYS APPROPRIATED BY THE STATE TO THE FUND;

(2)   . MONEYS MADE AVAILABLE TO THE FUND THROUGH APPROPRIATE
FEDERAL PROGRAMS OR PRIVATE CONTRIBUTIONS;

(3)      INCOME FROM INVESTMENTS THAT THE STATE TREASURER MAKES
FROM MONEYS IN THE FUND;

(4)      REPAYMENTS OF PRINCIPAL AND INTEREST FROM LOANS MADE
FROM THE FUND;

(5)      PROCEEDS FROM THE SALE, DISPOSITION, LEASE OR RENTAL BY
THE DEPARTMENT OF COLLATERAL RELATED TO ANY FINANCING PROVIDED BY
THE DEPARTMENT UNDER THIS SECTION;

(6)      PREMIUMS, FEES, ROYALTIES, AND REPAYMENTS OF PRINCIPAL,
INTEREST AND INVESTMENT PAID TO THE DEPARTMENT BY OR ON BEHALF OF A
BUSINESS ENTERPRISE IN WHICH THE DEPARTMENT HAS MADE AN EQUITY
INVESTMENT, OR BY OR ON BEHALF OF AN INVESTOR PROVIDING AN INVESTMENT
GUARANTEED BY THE DEPARTMENT UNDER THIS SECTION;

(7)      RECOVERY OF ANY EQUITY INVESTMENT MADE BY THE
DEPARTMENT IN A BUSINESS ENTERPRISE, INCLUDING ANY ARRANGEMENT UNDER
WHICH THE DEPARTMENT'S INVESTMENT IN THE BUSINESS ENTERPRISE IS
RECOVERED THROUGH:

(I) A REQUIREMENT THAT THE DEPARTMENT RECEIVE A
PROPORTION OF CASH FLOW, COMMISSIONS, ROYALTIES, OR PAYMENTS ON A
PATENT; OR

(II) THE REPURCHASE FROM THE DEPARTMENT OF ANY
EVIDENCE OF EQUITY PARTICIPATION, SUCH AS NOTES, STOCKS, BONDS OR
DEBENTURES;

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